Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe>

"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

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After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

Gold Coast Apartments

The developer push for more high-end apartment towers on the Gold Coast is set to continue at Main Beach.

Plans have been lodged for a 21-level apartment tower at&nbsp;3671 Main Beach Parade, on the sought-after beachfront side, which will have just half and whole-floor apartments.

The application was lodged by local hotelier Bruce Donnachy, who runs the Arundel Tavern.

The half-floor apartments will run from levels three to nine. Level nine upwards will have just whole-floor three bedroom apartments, with 328 sqm of internal space and 80 sqm of external balconies.

<a href="/new-apartments/3671-main-beach-parade-main-beach">To keep up to date with the development and its launch, enquire here</a>

Crowning the DBI-designed development is the two-level penthouse, spanning some&nbsp;670 sqm of internal living space and a further 100 sqm of outdoor. The half-floor apartments will have 191 sqm of internal space.

The resident amenity is located on level 10, where there will be a gym, multi-purpose room, swimming pool with deck, and a barbecue area.

<img alt="" data-entity-type="" data-entity-uuid="" height="725" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3571_main_beach_parade.jpg" width="1200" /> 
The proposed facade. Image credit: DBI Architecture

DBI's brief was to design a contemporary coastal luxury 5-star residential apartment building that is timeless.

"The timeless architecture will set a new benchmark in the Main Beach Precinct," DBI advise in the submissions to the Gold Coast City Council.

<a href="/new-apartments/3671-main-beach-parade-main-beach">To keep up to date with the development and its launch, enquire here</a>

"The architecture of the proposed luxury residential development is composed of simple curved and linear forms, white concrete spandrels, a textured and timeless material palette of travertine stone and timber screening, creating a rich and layered coastal effect.

"A series of planters on the facade add a layering and softening of the built form, reinforcing the importance of sub-tropical design."

<img alt="" data-entity-type="" data-entity-uuid="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3571_main_beach_parade_main_beach.jpg" width="1200" /> 
Renders of the proposed building. Image credit: DBI Architecture

The subject site sits at the eastern edge of the core Main Beach precinct.

"This project offers the opportunity to design a luxury residential apartment building that caters for the owner occupier," DBI's statement read.

The high-end development trend is sweeping the Gold Coast, as stock continues to tighten as the luxury owner-occupier demand continues to rise.

<a href="/new-apartments/3671-main-beach-parade-main-beach">To keep up to date with the development and its launch, enquire here</a>

Nearby on Main Beach Parade is La Mer, one of the few developments in Main Beach currently selling which also targets the luxury owner-occupier.

[smartcode_project:default project_id=95606 project_image_fid=171652]

La Mer comprises just 29&nbsp;apartments across its 34 levels, start from 307 sqm. It is being&nbsp;pitched itself as the ultimate downsizer development by NPA Projects. "Transitioning from a house to an apartment has never been easier," NPA advise.

Only a handful of apartments remain.

Broadbeach is seeing more of an uptick in the luxury owner-occupier space than some of the surrounding Gold Coast suburbs.

Little Projects recently launched Aperture, which will have just 29 apartments across the 35 levels, with 26 full-floor apartments with three bedrooms, three bathrooms and three parking spaces.

They start from $2.1 million, with every level of the 120 metre building offering uninterrupted ocean views from the balcony off the living area.

[smartcode_project:default project_id=108327 project_image_fid=181282]&nbsp;

Ferro Chow Architects took a similar approach to the downsizer trend, offering half and full-floors at a prime corner&nbsp;Broadbeach site opposite the bowls club.

The 46-level tower will&nbsp;have 59 apartments, with half-floor apartments taking up the first half of the tower, then full-floor apartments from there up.

The smallest apartments have three bedrooms and a multi-purpose room. There are 36 three-bedroom apartments, 22 four-bedroom apartments, and a special penthouse toward the point end of the building.

Plans have been lodged for a 21-level apartment tower at 3671 Main Beach Parade, on the sought-after beachfront side, which will have just half and whole-floor apartments

New half and full-floor beachfront apartment tower heading for Main Beach

Rarely is Bilinga talked about when discussing the Gold Coast apartment boom.

The&nbsp;small enclave, north of Coolangatta where the market has been running hot for well over 12 months, and south of the equally booming Palm Beach, hasn&#39;t had the influx of apartment development applications like some of the other coastal hotspots, until now.

The prominent South East Queensland developer, Mosaic Property Group, has identified the area as having potential for future growth, claiming their first site in the suburb.

The Brisbane-based team, who in 2021 sold out L&#39;Orient on the Sunshine Coast, The Witton in Brisbane&#39;s Indooroopilly, and Kensington in Toowong, have had SJB put together designs for a&nbsp;boutique project of 13 apartments over seven levels at 1 Surf Street. Seven of the apartments are full-floor, ocean-front apartments.

<img alt="" height="729" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/surf_st_bilinga_mosaic.jpg" width="1200" />

A number of developers have descended on Golden Four Drive, the beachfront&nbsp;strip that runs all the way from Currumbin through Bilinga to Kirra Beach.

The Brisbane-based Cielo Group had been looking for an opportunity to break in to the Gold Coast for a while, and grabbed 55 Golden Point Drive, a 503 sqm site through GV Property Group, which had in place approval for a six-level building with five apartments.

But when Cielo, led by Justin O&#39;Donnell and Azemm Dannaoui, secured the site, they had&nbsp;the local architecture firm Zarchitects create a&nbsp;nine-level building, which has beach views from the higher levels, including the residents communal rooftop space, where there&#39;s a pool and barbecue areas and outdoor dining, all with views over the beach.

<img alt="" height="668" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/55_golden_four_drive_2.jpg" width="1200" />

There are nine three-bedroom apartments, each with a multi-purpose room. Each of the bedrooms has a walk-in wardrobe. There is a master suite in each apartment, that has a larger walk-in, and its own ensuite.

&quot;The design of the development reflects the emerging medium rise development in&nbsp;Bilinga&nbsp;and will contribute positively to the character of the locality,&quot; Zone Planning Group wrote in the development application.

CBRE&#39;s Nicholas Clydsdale is marketing the apartments, which are expected to hit the market in the new year. <a href="/new-apartments/luma">To be the first to find out when the project hits sales, enquire here.</a>

<img alt="" height="668" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/55_golden_four_drive_3.jpg" width="1200" />

There will be a similarly boutique project at 303 Golden Four Drive, just 19 apartments designed by Ellivo.

That will have a&nbsp;communal ground floor with lap pool, gym, and a lobby, as well as a single apartment with its own plunge pool. Crowning the project will be two, two-level penthouses.

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Another development of just 16 apartments will be created at 281 Golden Four Drive, just two per level.

Dubbed Pacific View, the nine-storey tower has been described by&nbsp;Creativo Architects as being a fluid marriage of soft curves that blurs the line between organic and artificial.

&quot;With a splash of contemporary art-deco reinterpretation, it presents itself as a sophisticated high-end product, yet it integrates with the natural surrounding environment,&quot; the design statement read.

&nbsp;

<img alt="" height="1152" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pacific_view_bilinga.jpg" width="1200" />

&quot;The design intent in fact addresses multiple issues at once: naturally provides articulation to the street façade, protection from the western sun, protection to the traffic noise and dust, filters sunlight and created soft shadow patterns through the apartments and the façade itself.&quot;

&quot;The proposed design aims at becoming a soft and pleasant recognizable landmark in the local urban realm. The choice of the materiality draws from the extensive presence of bricks in the area.&quot;

Residents will have access to a recreational area which has a lap and plunge pool, an outdoor shower, yoga retreat, sauna, and a gym.

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Also on the 1,539 sqm block will be a luxury four-bedroom beachfront house.

A Sydney-based developer will be creating the highest density project submitted in recent months at 89 Golden Four Drive.

Turner Studios has designed the nine-level apartment development for 81 apartments

<img alt="" height="1021" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/89_bilinga_main.jpg" width="1200" />

The small enclave is located north of Coolangatta where the market has been running hot for well over 12 months, and south of the equally booming Palm Beach

Is Bilinga the next Gold Coast apartment hotspot?

The prominent Hope Island developer, Aniko Group, has laid out further residential apartment plans for the ever-growing island precinct.

Aniko, led by George&nbsp;Mastrocostas, has sought approval for a further 185 apartments on the&nbsp;9,279 sqm site at 10-12 Sickle Avenue that was acquired earlier this year.

The two-building development will adjoin their Athena Residences apartment development at 6-8 Sickle, which recently secured approval from the Gold Coast City Council.

Aniko has had their go-to architecture firm, the local Archidiom, created plans for the two mid-rise buildings, focused around a central recreation area feature a pool, gym, theatre, residents lounge and outdoor seating and lawns.

Tower A will have 98 apartments, a mix of 86 two-bedroom units and 16 three-bedroom apartments.&nbsp;Tower B will home 87 two-bedroom apartments.

<img alt="" height="529" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/10_sickle_avenue_hope_island_2.jpg" width="1200" /> 
The proposed apartments at 10 Sickle Avenue. Image credit: Archidiom

Town planner&nbsp;Zone Planning Group said the&nbsp;proposal is expected to act as a catalyst for the establishment of further higher density development within Hope Island and will assist in ensuring that a portion of the planned density lost to the nearby lower density developments is achieved.

At the time of purchase, Mastrocostas said the site would be suited to a high-density apartment precinct, comparing it&nbsp;to their nearby $140 million 1 Grant Avenue project, which is all sold out.

&ldquo;We&rsquo;re delighted to have put a foothold on another premium waterfront site in Hope Island and we are looking forward to adding a spectacular project to support the demand for apartment living in the area,&rdquo;&nbsp;Mastrocostas said.

&ldquo;The site is very large and offers unfettered access to the Hope Island Canal and The Broadwater and we believe it would be suited to a luxury apartment project to complement what we have already created at Hope Island.&quot;

The development is Aniko&#39;s fifth on Hope Island.

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The two-building development will adjoin their Athena Residences, which recently secured approval from the Gold Coast City Council.



Aniko push on with further Hope Island apartment development

Some of the finest&nbsp;Gold Coast apartment developments have been designed by Rothelowman, one of Queensland&#39;s leading architecture practices, in recent years.

Rothel​o​wman, who has offices in the Gold Coast, Brisbane, Sydney and Melbourne, put together the designs for The Monaco, which recently sold-out with an average sale price of around $5 million, as well as Dune at Main Beach, SPG Land&#39;s massive $800 million apartment towers on Ferny Av​enue.

Roth​e​low​man was commissioned for the first Gold Coast apartment development from the Melbourne-based developer Hirsch &amp; Faigen.

Hirsch &amp; Faigen had them design the 14-level, Palm Beach apartment development&nbsp;Hemingway, named after the famous author and featuring a distinct blush fa&ccedil;ade. That sold out all of its 78 apartments in just a few months.

For Emerson, Hirsch &amp; Faigen&#39;s&nbsp;more boutique Kirr​a Beach, Coolangatta offering, Hirsch &amp; Faigen had the team put together something a little different to Hemingway.

[smartcode_project:default project_id=106646 project_image_fid=184792]

In their statement to the Gold Coast City Council, Rothelowman said&nbsp;100 Musgrave Street offered&nbsp;the opportunity to consolidate a historically rich, vibrant and evolving part of the City.

&quot;Primarily the scheme seeks to challenge the &ldquo;bias of the linear coastal city&rdquo; by focusing on the interfaces created between the ground plane and the public spaces of the street,&quot; the statement read.

They stated that, although Emerson was a&nbsp;relatively modestly scaled development, the prime corner location allowed the scheme to challenge the prosaic and prevalent &ldquo;blunt street edges&rdquo; that typify the oceanfront boulevards of the City, instead favouring a generous display of communal coastal activities.

[smartcode_project:default project_id=106646 project_image_fid=184787]

&quot;Historically the City has celebrated it&rsquo;s outdoor activities; pool&rsquo;s exposed to the street, sun lounges under umbrellas overlooking the footpath, gardens framing views into and out of the semi-private spaces of development.

&quot;Observations of this playfulness have been paramount in the exploration of an undercroft as the primary device in creating a permeable and porous interface between the semi-private and public realms of the City.&quot;

The Rothelowman team said that the&nbsp;overall composition of the scheme favours a simple and informed diagram that is analytical of the surrounding precinct.

[smartcode_project:default project_id=106646 project_image_fid=184795]

&quot;A three storey &ldquo;street building&rdquo; provides a direct response to the Cities desire to create a strong &ldquo;Urban Ground&rdquo;. This is further accentuated through a series of dancing, curved and landscaped balconies that shift amongst a rational and expressed structural order which ties the ground to the tower .

&quot;A simple plate allows for the transition from podium to tower architecture creating a deep eave that is visually demonstrative of an overt subtropical approach to buildings.

&quot;The tower architecture follows a similar approach to simplicity. Profiled slab edges project forward creating shade and protection. The line of enclosure to the tower dwellings is kept back from the edge, undulating and folding to craft views. Recesses in the façade offer the opportunity for residents to tailor small gardens within the building form offering more immediate amenity in the context of the expansive and broad longer aspects to the ocean.

[smartcode_project:default project_id=106646 project_image_fid=184796]

These small indents also allow for the control of cross ventilation through openings away from the face of the building enabling better resident control of breezes in windy conditions.

&quot;The overall approach to the design has been one of deliberate and measured analysis. The building is modest in expression favouring performance and liveability over decoration. A relative simplicity enables the aspirations of coastal living to be prioritised; engaging with the environment in a meaningful and deliberate way.

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In their statement to the Gold Coast City Council, Rothelowman said 100 Musgrave Street offered the opportunity to consolidate a historically rich, vibrant and evolving part of the City

How Rothelowman designed Hirsch & Faigen's Kirra Beach apartment development, Emerson

Hirsch &amp; Faigen&nbsp;has given Hutchinson the construction jobs for both its maiden Gold Coast apartment developments.

Hemingway, just off the sand at Palm Beach&#39;s,&nbsp;was the first local development for H&amp;F, led&nbsp;by the Melbourne lawyer Daniel Faigen and Richard Hirsch. The $75 million project sold out all of its 78 apartments within a few months of its launch earlier this year.

That was followed by Emerson, the $85 million luxury boutique block of just 27 apartments in the sought-after Kirra Beach area of Coolangatta. Hirsch &amp; Faigen are soon to launch their third development, Yves at Mermaid Beach.

Hirsch &amp; Faigen&#39;s next project, Yves, will see 146 apartment built across three 25-level towers at 7-9 Mermaid Avenue.

To read more about Yves and enquire, <a href="/news/qld/exclusive-first-look-hirsch-faigen-lodge-plans-for-mermaid-beach-apartment-tower-yves">click here.</a>

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&ldquo;We&rsquo;re delighted to have the team at Hutchies on board, given their prestige reputation for delivering the highest-class projects across not only the Gold Coast but all of Australia,&rdquo; Daniel Faigen said.

&ldquo;These projects aren&rsquo;t your standard class apartments, so it was important to us that we found the right builder who would execute Rothelowman&rsquo;s design flawlessly, and we have every confidence that Hutchies are the perfect fit for the job.&rdquo;

Construction of the 14-level Hemingway, named after the famous author and featuring a distinct blush fa&ccedil;ade, is due to commence construction next month, with a completion date of around September 2023.

Hutchies will begin building Emerson, which only has six apartments left to sell as well as the $8 million penthouse, in February 2022. That will rise 13 levels when completed around October 2023.

[smartcode_project:default project_id=106646 project_image_fid=184795]

&ldquo;We couldn&rsquo;t have asked for a better reception to the Gold Coast market, it&rsquo;s strengthened our commitment to this piping hot property pocket, and we look forward to seeking out further opportunities on its shores,&rdquo;&nbsp;Faigen added.

&ldquo;With a remarkable sales run behind us, we are looking forward to shifting into construction mode and witnessing the first glimpse of Hirsch &amp;&nbsp;Faigen excellence rise out of the Gold Coast earth.&rdquo;

[smartcode_project_cta: project_id=106646]

“We’re delighted to have the team at Hutchies on board, given their prestige reputation for delivering the highest-class projects across not only the Gold Coast but all of Australia."

Hirsch & Faigen appoint Hutchinsons to build Gold Coast apartments at Kirra's Emerson and Palm Beach's Hemingway

Aniko Group has been changing the face&nbsp;of Hope Island over the last few years.

And the developer, led by boss George Mastrocostas, are continuing their development of the Gold Coast island, with sign off from the council for a $52 million gated townhouse project at 31-35 Grant Avenue.

The development, dubbed No.35 Grant Avenue, will see 48 townhouses developed, as well as 10 waterfront duplex villas,&nbsp;designed to reflect upmarket city-inspired living. The project will centre around an expansive park precinct with walkways and gardens.

Aniko is also preparing to submit an application for marina berths which will be available for sale.

&ldquo;It&rsquo;s incredibly rewarding to play a key role in Hope Island&rsquo;s luxury revitalisation, and with the approval for No. 35 Grant under our belt, we can now look towards the next chapter in the precinct&rsquo;s evolution,&rdquo; Mastrocostas said.

[smartcode_project:default project_id=95316 project_image_fid=184675]

&ldquo;It&rsquo;s a responsibility we don&rsquo;t take lightly, and we&rsquo;re particularly excited to be bringing a landmark touch of modern luxury to this waterside pocket with a design unlike anything the area has seen before.&rdquo;

The focus for Aniko, in the post-covid world, was to offer a large floorplate. Each townhouse has three bedrooms and a multi-purpose room, designed to be transformed in to home offices.

&ldquo;It was important for our residences to be reflective of modern lifestyle trends, so the space to set up a fully functional home office was something that immediately stood out to us,&rdquo;&nbsp;Mastrocostas added.

No. 35 Grant Residences will feature a range of state-of-the-art amenities, including a swimming&nbsp;pool with sunbeds and outdoor showers, a communal herb garden, barbeque facilities and a fire pit.

[smartcode_project:default project_id=95316 project_image_fid=184674]

&ldquo;If there&rsquo;s one commonality that we&rsquo;ve witnessed across our latest string of sales, it&rsquo;s that there&rsquo;s no end in sight to the demand for sophisticated waterfront living in Hope Island,&rdquo;&nbsp;Mastrocostas said.

&ldquo;We&rsquo;re eager to get this product to market and to fill the void that is being noticed by so many savvy local buyers who have a strong awareness of Hope Island&rsquo;s value and appeal.&rdquo;

The townhouses will be the latest of four major projects in the pipeline for Hope Island by Aniko Group, which has been progressively transforming the Hope Island landscape over the past two years.

Just around the corner, Aniko&rsquo;s Athena residences recently notched up 60 per cent sold just three weeks after its official launch. Their $140 million development, No.1 Grant Avenue, sold out earlier this year. That&#39;s&nbsp;due to reach completion on its stage two&nbsp;construction next month.

[smartcode_project_cta: project_id=95316]

Aniko is also preparing to submit an application for marina berths which will be available for sale

Aniko Group get green light for Hope Island townhouse development, No.35 Grant Avenue

The Sydney-based developer Iris Capital is getting closer to unveiling its debut $800 million Gold Coast apartment development, Victoria &amp; Albert Broadbeach.

The two towers, designed by DBI Architects over a subtropical recreational podium,&nbsp;will home over 400 apartments, two levels of premium offices and commercial facilities and a fresh food and dining retail on the street level.

Designed for&nbsp;the coastal environment, V&amp;A will comprise a mix of one, two&nbsp;and three-bedroom apartments on the lower levels,&nbsp;while the upper residences will offer a mix of three-bedroom apartments,&nbsp;with both towers topped by sub‐penthouses and penthouses.

Both towers offering an elevated recreational podium with a 25m lap pool, a gym, a yoga deck and resident’s lounge as well as kid’s area, a zen garden, an outdoor dining and BBQ facilities.

[smartcode_project:default project_id=107928 project_image_fid=178909]

Both will also feature&nbsp;top floor owners-lounges complete with dining, yoga room, offices and views across the Gold Coast skyline.

Colliers’ Director Residential David Higgins says there is an air of anticipation for the launch of the first major apartment project in Broadbeach for the last five years.

Higgins said V&amp;A Broadbeach would create the first high end residential, retail and culinary precinct in central Broadbeach since the Oracle towers more than a decade ago.

“Currently Broadbeach has plentiful luxury full floor and half floor 3 bedroom plus apartments on the market very offer a choice of 1,2,3-bedroom apartments with access to leading luxury amenity”, he says

[smartcode_project:default project_id=107928 project_image_fid=184936]

“Historically Broadbeach has had a very strong family market, but this has dissipated in recent years. However, we believe the opening of the borders will bring this market right back into the frame.

“We’re looking to introduce a mix of product right in the heart of Broadbeach that attracts the family buyer, luxury downsizer and investors looking for solid returns as the Gold Coast grows out of the Covid lockdowns.

“The project scores a 10 out of 10 for walkability located in the heart of Broadbeach in walking distance to the light rail, the casino, convention centre, the restaurant precinct and the beach and will bring a new type of residential apartments to the market that we have not seen for some time.”

Iris Capital,&nbsp;founded and led by entrepreneur Sam Arnaout, has extended its reach over the past decade to become a developer of high quality integrated residential and mixed-use developments.

[smartcode_project:default project_id=107928 project_image_fid=184935]

The company now holds&nbsp;$3.5 billion enterprise value, having significantly expanded its footprint over the past year through the acquisition of 17 Ibis hotels from AccorInvest.

“We are no stranger to large scale projects and have built a reputation on our ability to deliver transformative developments that add remarkable value to their broader community,”&nbsp;Arnaout said.

“The Broadbeach precinct is primed for a rebirth, and we are thrilled to be creating a pillar of the community to connect the next generation of Gold Coast locals to the idyllic beachside dream.”

[smartcode_project_cta: project_id=107928]

The two towers, designed by DBI Architects over a subtropical recreational podium, will home over 400 apartments

Iris Capital's $800 million Victoria & Albert, Broadbeach apartments set for launch

GurnerTM, the luxury apartment developer, has appointed the national construction firm ICON Construction to build the&nbsp;first 68-level tower at its massive Gold Coast project La Pelago

The build price is estimated to be over $350 million, and will take just over three years to complete.

It's the first of four towers on the sprawling Ferny Avenue&nbsp;site, and will be the tallest at 68 levels, the fourth tallest tower on the Gold Coast. It will home over 350 apartments, a 200-room hotel, a health and wellness precinct, a private resort and club, and a level 42 sky bar, as well as premium retail and hospitality space.

<a href="/new-apartments/aquia-la-pelago-108-ferny-avenue-surfers-paradise">Be the first to register your interest on the project by enquiring here.</a>

There will be&nbsp;90 residences across the penthouse collection, ranging from levels 43 to 68.

Formal launch of apartments at La Pelago is expected in Q1 2022.

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Architecturally designed by Warren and Mahoney, ‘La Pelago’ centralises on a “private island” theme, whereby each building is surrounded by over 9,000sqm of amenity, lush tropical landscaping and pool-side water retreats.

“We are very excited to have appointed ICON to lead the construction on such a major project for us and the Gold Coast, where we will be really pushing the boundaries of what is possible in luxury property," Gurner boss Tim Gurner says.

<a href="/new-apartments/aquia-la-pelago-108-ferny-avenue-surfers-paradise">Be the first to register your interest on the project by enquiring here.</a>

“We have now delivered eight projects with ICON, so we have tremendous confidence in the team’s ability to deliver a project of this scale and complexity.

"This project is very important to our business, and we are looking forward to working closely with ICON to deliver a new level of amenity and luxury for Australia."

<img alt="" data-entity-type="" data-entity-uuid="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_4_0.jpg" width="1200" />

Two-bedroom apartments are the most popular across the residential buildings, accounting for more than half of the apartments in each tower.

Tower four is the second biggest, and will home 248 apartments, with between four to 16 per floor across its 34 levels.

Tower one will have 150 apartments across 30 levels&nbsp;and tower two the most boutique, with between two and four apartments per floor across its 25 levels, totalling 95 apartments.

All up the proposal will see over 1088 apartments and hotel rooms built.

<img alt="" data-entity-type="" data-entity-uuid="" height="852" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_lobby_entry_1.jpg" width="1200" />

“La Pelago will allow us to draw on our unique experience in the retail, signature amenity and urban regeneration space, and apply it on a grand scale," Gurner said.

“When designing the project it was really about me dreaming about where we all want to be right now and for me that is a hot and sunny luxury private island. Something that offers sun, pools, amazing service, luxury amenities and residences – something right now you cannot get in Australia."

Warren and Mahoney&nbsp;design principal, Barrington Gohns, said&nbsp;La Pelago’s design will provide much more immersive experiences than previous projects, with stunning attention to detail across the four towers.

<a href="/new-apartments/aquia-la-pelago-108-ferny-avenue-surfers-paradise">Be the first to register your interest on the project by enquiring here.</a>

"The design very much respects the crisp, natural island experience utilising integrated landscape and pools, lots of white, timber and glass in its form, with bespoke elements in each ‘island’," Gohns said.

“The foundation of La Pelago is steeped in context and identity, acknowledging the tension between river and coastline, and the design only takes what it can give back. A strong focus on health wellness resonates throughout, along with a carbon neutral manifesto we continue to drive with GURNERTM.”

Snapshot:

Mixed use development consisting of:

<ul>
	<li>4 x multi-storey Residential towers</li>
	<li>Three level podium</li>
	<li>Ground floor indoor/ outdoor communal recreation and amenities</li>
	<li>Food and Beverage</li>
	<li>Residential lobbies with on-site porte cochere drop offs</li>
	<li>Service areas/ Back of house</li>
	<li>1,000 car parks across two basement levels and two above grade levels</li>
	<li>200 hotel rooms</li>
	<li>Over 5,500sqm of retail, commercial, conferencing amenity, a day spa and business club</li>
	<li>A world-class retail precinct anchoring the ground plane</li>
	<li>2,000sqm private health and wellness Club</li>
	<li>Over 12,000sqm of resident and hotel amenity across the four towers</li>
</ul>

The build price is estimated to be over $350 million, and will take just over three years to complete

Gurner appoints ICON to build first tower in $1.25 billion Surfers Paradise mega apartment development, La Pelago

New apartment sales on the Gold Coast have hit an all-time high, officially making 2021 the hottest market since property consultancy Urbis began monitoring the sector.

The number of apartment sales for the September quarter surged to 690, bringing the total of new apartments sold on the Gold Coast in the first nine months of this year to 1,882.

Owner-occupiers continue to account for the majority of sales, totalling 61 per cent in the September quarter.

This figure has already eclipsed the previous full-year record of 1,556 sales in 2016.

[smartcode_project:default project_id=95606 project_image_fid=171657]

The Urbis Apartment Essentials report noted based on the September sales rate, only 2.2 months&rsquo; supply of new apartments remain available on the market should no new projects be released.&nbsp;

&quot;This is the lowest supply level ever recorded by Urbis for the Gold Coast and is down from 4.2 months&rsquo; supply recorded in the June quarter,&rdquo; said Urbis senior consultant Lynda Campbell.

&ldquo;Record high demand is meeting record low supply, which has led to the most acute shortage of new apartments ever experienced on the Gold Coast.&rdquo;

Just 517 apartments remained for sale at the end of September, down from 624 at the end of June.&nbsp;

[smartcode_project:default project_id=107520 project_image_fid=183045]

These figures compare to 2,594 at the end of June 2018.

More than half of these, 335, were located in the Gold Coast Central precinct, comprising Labrador, Southport, Main Beach, Surfers Paradise and Broadbeach. However, the Southern Beaches from Mermaid Beach to Tweed Heads had the lowest supply with just 45 apartments.

&ldquo;All Gold Coast precincts are in major undersupply, and some areas will remain so despite a number of big projects in the wings expected to be launched over the next three to nine months.&rdquo;

According to Urbis, nine new projects comprising 774 apartments were launched in the September quarter, with two of these selling out within the three months. They were among 16 projects that sold out during the quarter.

[smartcode_project:default project_id=108327 project_image_fid=181290]

Urbis is now monitoring 59 new developments across the Gold Coast, down from a high of 84 in the fourth quarter of 2019.

The weighted average sale price in the third quarter eased to $883,478, slightly down from the $1 million-plus figures of the first two quarters of this year as sales increased in the more affordable precincts of Coastal Fringe and North Shore.

The weighted average sale price in the third quarter eased to $883,478, slightly down from the recent $1 million-plus

jchancellor-FAypfDUnLy

Gold Coast new apartment sales hit all time high: Urbis

The Melbourne-based Little Projects has sought to meet the ever-growing demand for high-end apartments at their latest Gold Coast apartment development, Aperture.

The Broadbeach tower will be home to just 29 apartments across its 35 levels&nbsp;when it is completed in mid-2023, with buyers already showing interest due to the&nbsp;200 sqm plus of living space across each apartment.

Leighton Pyke, director at Little Projects, said that after the sell-out success of Signature around the corner, the team wanted to create something a little different.

&quot;Signature was obviously higher density with 245 apartments, a project of that scale takes considerably longer to move,&quot; Pyke said.

&quot;We saw there was a good level of demand for that larger product and wanted to take something to the high-end owner-occupier market quickly to try and meet that demand.&quot;

[smartcode_project:default project_id=108327 project_image_fid=181290]

Pyke and the Little Projects&nbsp;team engaged the Melbourne-based architect, Elenberg Fraser, to create the 120 metre tower, having worked with them previously on the design phase of a development of around 1000 apartments in Fisher​mans Bend in Melbourne.

It&#39;s only the second time the architecture firm has designed an apartment project on the Gold Coast. The only other is the mixed-use hotel and apartment development Mondrian at Burleigh Heads, currently in market.

&quot;We wanted to put a slightly different spin on what the Gold Coast usually offers - giving it an injection of an outside perspective,&quot; Pyke says.&nbsp;

&quot;Their involvement certainly sets us apart, potentially bringing a few new ideas to the Gold Coast.&quot;

[smartcode_project:default project_id=108327 project_image_fid=181281]

Pyke says there&#39;s already been a big wave of Sydney residents enquiring on Aperture.

With house prices rocketing in the Harbour capital, some downsizers and retirees are happy to take advantage of current market conditions and cash in on&nbsp;their longtime family homes and buy something smaller as a city base, freeing up money to secure a more expensive holiday home that they will spend a significant amount of time at.

Pyke however added that the same sentiment is felt with the local market, where there&#39;s also windfall house sales.

[smartcode_project:default project_id=108327 project_image_fid=181283]

House prices in Broadbeach - Burleigh experienced the highest annual growth in the Gold Coast in the 12 months to August 2021, with gains of over&nbsp;38&nbsp;per cent, according to data from the data-driven buyer&rsquo;s agency, InvestorKit.

Apartments in the same area&nbsp;grew by 15.7 per cent over the same period.

&quot;It&#39;s speeding up that transition to downsize, which is why we are seeing huge levels of owner-occupiers wanting to buy something that might be toward that higher price point.&quot;

Pyke says the team have a firm belief in the longevity of the Gold Coast apartment market, and are working towards securing more development sites heading in to 2022.

[smartcode_project_cta: project_id=108327]

"We wanted to put a slightly different spin on what the Gold Coast usually offers - giving it an injection of an outside perspective,".

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